Mortgage

Q3 2024 RM Select Snapshot for Independent Mortgage Bankers

Your Q3 2024 RM Select Snapshot is here, with fresh industry data you won’t find anywhere else. This quarter’s report reveals that production volume for Independent Mortgage Banks (IMBs) rose by 4% quarter-over-quarter, while secondary margins decreased by 4 basis points, resulting in steady net production income. Additionally, servicing portfolio values dropped by an average of 6 basis points, contributing to a 30-basis point decline in pre-tax net income compared to Q2. Explore these insights and gain a clearer view of your performance with the full RM Select Q3 Snapshot below.

For access to the detailed reports, including an analysis of the results, please email us at RMSelect@richeymay.com.

To view a Snapshot Report from a previous quarter, visit our Snapshot Library.